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Manhattan’s tallest condo building, Central Park Tower, joins a flooded luxury market


On paper, it’s the most expensive condo tower in the US. And at 1,550 feet above Manhattan, it’s also the Western Hemisphere’s tallest.Extell Development is building Central Park Tower, the firm’s ultra-luxury follow-up to One57, the Billionaires’ Row skyscraper that touched off the city’s high-end construction boom – and set the stage for the market’s current slowdown.Costly condos aren’t “flying off the shelves like One57 did when we started six or seven years ago, when we were the only game…

Source : South China Morning Post
Read more…Manhattan’s tallest condo building, Central Park Tower, joins a flooded luxury market

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